Economic Impact
Cost per day of CMC in CA at Hospital: $7000 (Medicaid Claims Data)
Cost per day of CMC with home care: $692 (Medicaid Claims Data)
Average delayed discharge due to nursing shortage – 53.9 Days (Maynard AAP)
$692(53.9 Days) + $1000(3 Months) = $40,298 at home care cost with CaregivAR Healthcare.
$7000(53.9 Days) = $377,300 hospital stay cost due to Delayed Discharge.
$377,300 - $40,298 = $337,002 Potential Savings per Patient with CaregivAR Healthcare.
California Savings: Currently 1,000 Kids awaiting home health nursing in CA.
1000 CMC kids x $337,002 Potential Savings = $337,002,000 Savings for Medi-Cal
Average yearly cost for waiver services = $48,000
Average yearly Skilled Nursing Facility = $129,000